positive. the recent lows we saw, this extreme low where the stock market sold down 9%, we have seen an amazing bounceback and then follow-through last week that i am very encouraged by. if we can get back above the 1425 pivot from august, they really can set this market on fire one more time. > historically, have you seen anything else like this alan? > > again, the market is focusing on issues, and we have moved past it. if you think about the debt ceiling crisis last year, we moved past it and made new relative highs. so it has been one hurdle after another that we have overcome. and if you look at the long-term charts, look at a 15-year chart, we have done this now, this will be the second time in the s&p. and if we get back to these recent highs at 1470, and we add the distance of the hole that we dug ourselves on top of that, we target 1600 in the s&p, which is about 13% above where we are right now. but 1600 for the high in 2000 and the high in 2007, so we are having a complete v-shaped recovery, which is a perfect chart pattern. > that was my next question: when you see this in the charts, what does it mean for the economy?